1 (14 oz.) vanilla caramels
1/4 c. milk
4 c. crisp rice cereal
1 c. salted peanuts

Melt slowly on stove top in pan, milk and caramels. Take off the above and add cereal and peanuts. Put mixture in an 8x8x2 inch pan, greased, and let stand until firm, about 1 hour. Cut into 2 inch squares. Insert wooden stick into 1 end of each square. Makes 16 pops.